Product Code: ETC045019 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia yarn, fiber and thread market is estimated to reach a size of USD 8.3 billion by 2031, with a CAGR of 5.8% over the forecast period (2025-2031). The growth of this market can be attributed to the increasing demand for high quality yarns and threads from various end-user industries such as apparel and home furnishing. Additionally, advancements in textile technology have enabled manufacturers to develop innovative products which has further fueled demand from consumers.
Growing Demand for Apparel Products: Increasing disposable incomes coupled with rising fashion consciousness among consumers is expected to fuel demand for apparel products across Saudi Arabia. This in turn will drive the need for raw materials such as yarns, fibers and threads used in production processes thus driving up the overall market growth over the forecast period. Textile industry expansion has been witnessed over recent years on account of increased investments made by government authorities towards boosting local manufacturing industry thereby providing impetus to domestic yarn & fiber suppliers operating within the country thus propelling market size going forward into 2025??2031 timeframe.
Unfavorable currency movements along with the high cost associated with the purchase of raw materials hampers regional downstream operators?? profitability margins, posing challenges on sales revenues generated by related markets during the 2025 -2031 period. Intense Competition From Imports: Up surging import volumes mainly originating from China representing c ost effective o ptions pose strong competition to domestically produced cotton fibres & threads affecting its saleability levels within Saudi A rabia markets throughout the 2025 -2031 timeline predicted ahead.
However, Covid-19 pandemic coupled with economic slowdown is adversely impacting all major sectors including textile sector thereby hampering overall growth prospects for this industry in Saudi Arabia until situation normalizes post pandemic era. With implementing various stringent measures to contain spread government across nations has imposed restrictions on movement as well as trading activities resulting into disruption in supply chain operations whereby affecting business operations related to yarns sector too. Furthermore declining investments from investors due to fall in purchasing power and consumer confidence is further exacerbating issues faced by manufacturers operating within this sector thereby restraining its future prospects till mid 2025 or beyond depending upon spread an severity level associated with coronavirus pandemic globally.
Major players operating in this market are Unifi Inc., Indorama Ventures PCL , Far Eastern New Century Corp., Toray Industries Inc., Asahi Kasei Fibers Corporation , India Glycols Ltd., Celanese Corporation , Shandong Ruyi Technology Group Co Ltd , Reliance Industries Limited etc.. These players have adopted various strategies such as expansions & new product launches over past few years to expand their foothold.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Yarn, Fiber and Thread Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Yarn, Fiber and Thread Market - Industry Life Cycle |
3.4 Saudi Arabia Yarn, Fiber and Thread Market - Porter's Five Forces |
3.5 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Saudi Arabia Yarn, Fiber and Thread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for textiles and apparel in Saudi Arabia |
4.2.2 Increasing investments in textile manufacturing infrastructure |
4.2.3 Government initiatives supporting the development of the textile industry |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices |
4.3.2 Competition from imported yarn, fiber, and thread products |
5 Saudi Arabia Yarn, Fiber and Thread Market Trends |
6 Saudi Arabia Yarn, Fiber and Thread Market, By Types |
6.1 Saudi Arabia Yarn, Fiber and Thread Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, By Regular Products, 2021-2031F |
6.1.4 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, By Special Products, 2021-2031F |
6.2 Saudi Arabia Yarn, Fiber and Thread Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, By Household, 2021-2031F |
6.2.3 Saudi Arabia Yarn, Fiber and Thread Market Revenues & Volume, By Commercial, 2021-2031F |
7 Saudi Arabia Yarn, Fiber and Thread Market Import-Export Trade Statistics |
7.1 Saudi Arabia Yarn, Fiber and Thread Market Export to Major Countries |
7.2 Saudi Arabia Yarn, Fiber and Thread Market Imports from Major Countries |
8 Saudi Arabia Yarn, Fiber and Thread Market Key Performance Indicators |
8.1 Percentage of domestic yarn, fiber, and thread production |
8.2 Investment in research and development for new textile materials |
8.3 Employment rate in the textile manufacturing sector |
9 Saudi Arabia Yarn, Fiber and Thread Market - Opportunity Assessment |
9.1 Saudi Arabia Yarn, Fiber and Thread Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Saudi Arabia Yarn, Fiber and Thread Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Saudi Arabia Yarn, Fiber and Thread Market - Competitive Landscape |
10.1 Saudi Arabia Yarn, Fiber and Thread Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Yarn, Fiber and Thread Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |